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// Transformed the indicator as a PaintBar to show divergences on the bars

....

 

 

nice !

 

Why didn't I think of that?

 

;-)

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Hmm, curious as my IB feed into TS does not show this at the same time.

Paul

 

 

bear in mind this is a real time indicator...

the chart will look different if you call it up afterward.

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nice..........

 

when do I start receiving the royalty cheques?

 

:cool: When I'll get master graded with the Tams golden Prize from T.A.M.S University* (specialization = Trendliner), I will fill up the tank of your Testarossa Ferrari full life long !

 

*T.A.M.S = Trade And Make Silver

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When I'll get master graded with the Tams golden Prize from T.A.M.S University* (specialization = Trendliner), I will fill up the tank of your Testarossa Ferrari full life long !

 

*T.A.M.S = Trade And Make Silver

 

But actually my level is just enough to fill up... a lighter :bad idea:

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But actually my level is just enough to fill up... a lighter :bad idea:

 

 

You should be able to fill up my SR22 with ease. It only takes 348 litres. ;-)

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Which one is the leader ?

 

The spread is switched and the paintbar added on the Cash graphic

 

Spread = close data1 - close data2 ;

 

The plotBars shows when the cash is leading

 

Sometimes The cash says :

 

"OK Mister Future, I've moved too far, I will reverse and follow you because you are the leader !"

 

Some other times it says :

 

"I'm fed up, Mister Future, I will follow my way and from now I'm the leader !"

 

 

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Snap2.jpg.f16ce5f1a1d024f925372dcd1495aa4d.jpg

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Tams,

 

In your above examples of how this may be used you show three charts. The last one has the examples where price is above and below the MA. Is this the MA of the indicator or another MA ?

 

Thanks

 

 

Paul

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Tams,

In your above examples of how this may be used you show three charts. The last one has the examples where price is above and below the MA. Is this the MA of the indicator or another MA ?

Thanks

Paul

 

 

..... it is another MA.

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I guess as this 'calibrates' itself you could use it on any correlated pair of instruments like I dunno DAX and ESTX?

 

 

Yes, this indicator can be used with any pair...

even unequal/uncorrelated pairs.

 

All this indicator does is to show the differences between the two.

The trick is in the "auto" calibrate part.

 

;-)

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